without_worries

Brandywine Realty Trust

Long
NYSE:BDN   Brandywine Realty Trust
*Investment opportunity*

On the above weekly chart price action has corrected almost 80% since January 2022. An excellent long entry now exists. Why?

1) Price action and RSI resistance breakouts.

2) The falling wedge breakout confirmation.

3) The falling wedge target is measured to 17 dollars.

4) The macro structure prints a large flag pattern on the 3-month chart with a 150 dollar target where previous support is formed since 1991, fantastic. (see below)

5) No share splits.

6) Dividend yield 15.11% !!

Is it possible for price action to collapse further? Sure.
Is it probable? No.

Ww

Type: Investment
Risk: <= 6%
Timeframe: Act now
Return. 200% and 2000% excluding dividend yield

3-month
Trade active
Comment:
past resistance confirms support
Comment:
First macro higher low since May 2020 prints.

BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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